LAGERS HAS ALL 4 COMMON CHARACTERISTICS OF A WELL-FUNDED PENSION PLAN

Public pension plans that are well-funded share some common characteristics, according to the National Association of State Retirement Administrators (NASRA). And since LAGERS ranks in the top ten in terms of funding among U.S. plans, you may guess that these characteristics would be found in our practices. And you would be right.

Tagged Contributions, Investments, Contribution Rates, Financial, Funding, pensions, Plan Design, Retirement Security, Unfunded Liability, Pension Health, Financial security, Sound Funding, NASRA

Facebook Live Replay - Public Safety

On Tuesday we held a Facebook Live event to explain the new LAGERS retirement eligibility options for certain public safety personnel. Elizabeth Althoff was instrumental in this project and explained how the new law works and answered the most common questions that we get about this new option.

Tagged Legislation, public safety

A Quick System Update

We are working towards completing our Comprehensive and Popular Annual Financial Reports to give you a complete picture of the current financial status of your LAGERS retirement system. In the mean time, here are some quick updates.

The Money You Don't Have to Save

Many people my age (mid 30s) can’t fathom what it’s going to be like in 30 years when we reach retirement. It’s a hard concept for us to understand because it is so far away from now. For some, you’re on the doorstep of retirement and others may be like me. Either way, we all need to understand the financial value LAGERS brings to our ability to achieve financial security in the future.

Making Your Community Happen

Local government service is for heroes. It takes employees and officials who care deeply about building quality of life for their city. Their accomplishments create what we all love about our communities, from parks and main streets, to clean sidewalks and safe neighborhoods.

Tagged cities, municipalities, Missouri Municipal League, Local Government

Contact LAGERS

1-800-447-4334
M-F: 8:00 a.m. - 5:00 p.m.